Updates from ACP 2024, Thoughts on Vestas Q1 Financial Loss

The Uptime Wind Energy Podcast

Allen, Joel, and Phil record their thoughts on the show floor of American Clean Power 2024 in Minneapolis, Minnesota. Which companies are in attendance? What seems to be the industry direction? And they also discuss Vestas' Q1 financial results which show a loss. Sign up now for Uptime Tech News, our weekly email update on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard's StrikeTape Wind Turbine LPS retrofit. Follow the show on Facebook, YouTube, Twitter, Linkedin and visit Weather Guard on the web. And subscribe to Rosemary Barnes' YouTube channel here. Have a question we can answer on the show? Email us! Pardalote Consulting - https://www.pardaloteconsulting.comWeather Guard Lightning Tech - www.weatherguardwind.comIntelstor - https://www.intelstor.com Allen Hall: Welcome to the special edition of the Uptime Wind Energy Podcast. I'm your host, Allen Hall, and I'm here with Phil Totaro, the CEO of IntelStor and Joel Saxum, the chief commercial officer of Weather Guard. And we are in Minneapolis today for the opening of American Clean Power 2024. And we wanted to get everybody's thoughts on what we have seen today, what the feeling is, what the number of people we've seen bouncing around, what the business atmosphere has been like, and, give everybody an update who couldn't be here. Obviously there's a number of people out in the field fixing wind turbines right now. the people actually keeping wind turbines operating. give us a sense of what's happening with some of the new technology we've seen today and what to expect on the remainder of the week. And Joel, I know early on this morning, it seemed like it was going to be pretty busy. Joel Saxum: Yeah, absolutely. So I walked in here, the agenda said 10 30, they opened. I walked in at 10 31 and it was already. Packed in here. I tried to get a cup of coffee. There's 200 people in line. so I know Phil, you were saying that you, were the only one of us able to actually take a lap so far today around the show floor and saw a ton of people. Alan and I have been basically in conversations back to back since we got here with whether it's talking about podcast stuff or strike tape or fixing any other kinds of problems with everybody from the insurance industry, asset owners, ISPs all the above. So it has been swamped here at our booth. Philip Totaro: Unfortunately, I got here late. I arrived because of some weather in Denver, at about 2. o'clock this afternoon. And so I've been here about, two hours now, three hours now as we record this, and I think I've already closed about three deals. So this is probably the, most productive I've seen an ACP event in, a long time. which I guess is, good news. but just based on my walking around, I'd conservatively say there's at least about 10, 000, if not maybe 12, 000 here, at this event. So it's got a much better tenor to it, much better mood. people are, really quite engaged. so it's, overall, I, think, better, better than everybody might have expected. Joel Saxum: Yeah, Minneapolis, the Minneapolis Convention Center, that's where we're at. The weather's great right now. but the Minneapolis Convention Center is huge. I've been in this, when I was a kid, we were, we'd come down here for sports shows and they'd have this whole thing full of boats and all kinds of stuff. I remember it as a kid, I don't remember it being this big. but it is, from end to end, we talked with Armando from Earthwind, our friend, and he's Dude, we walked up and down every aisle basically just to check everything out. And it took them almost four hours. Yeah. There's Allen Hall: a lot of vendors here. It's a lot. And I think some of the feeling I got just talking to people who walked up to the booth and running into people we've had on the podcast is there's more activity. the operators are focused. On getting their assets up and running and to,